Suppose you have a shipment of products that needs to be transported. Explain the type of service that each of the following intermediaries offer?
a.
Freight forwardersb.
Transportation brokersc.
Shippers' Associations

What will be an ideal response?

?

a.Freight forwarders ? These intermediaries take small shipments from numerous companies and consolidate them to make large shipments. These larger consolidated shipments can thus realize the lower rates associated with large shipments. Some of these savings can then be passed along to the individual shippers.b.Transportation brokers ? These intermediaries bring together shippers and transportation companies. They often have excellent knowledge of transportation alternatives. Small companies that need transportation options may approach transportation brokers who can then lead them to the optimal shipping solution available to them.c.Shippers' Associations ? These are non-profit cooperatives made up of companies that seek to move product domestically or internationally. They take their members' shipments consolidate them into full truckloads and thus help their members realize volume discounts. In addition, the larger pooled shipments can then allow for the negotiation of improved terms of service.

Business

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